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NYSE:HLX

Helix Energy Solutions Group - HLX Stock Forecast, Price & News

$4.10
-0.08 (-1.91%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.06
$4.17
50-Day Range
$2.50
$4.23
52-Week Range
$2.47
$5.78
Volume
918,359 shs
Average Volume
2.00 million shs
Market Capitalization
$622.09 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.25

Helix Energy Solutions Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
76.8% Upside
$7.25 Price Target
Short Interest
Bearish
6.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.70
Upright™ Environmental Score
News Sentiment
1.43mentions of Helix Energy Solutions Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.50) to $0.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Oils/Energy Sector

124th out of 251 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

16th out of 23 stocks

HLX stock logo

About Helix Energy Solutions Group (NYSE:HLX) Stock

Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities. It engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. The company also provides well intervention, intervention engineering, and production enhancement services; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and related support services. In addition, it offers reclamation and remediation services; well plug and abandonment services; pipeline abandonment services; and site inspections. Additionally, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.

Analyst Ratings Changes

A number of research analysts have commented on the stock. StockNews.com lowered shares of Helix Energy Solutions Group from a "hold" rating to a "sell" rating in a report on Thursday, August 11th. Capital One Financial increased their target price on Helix Energy Solutions Group to $6.00 and gave the stock an "outperform" rating in a report on Wednesday, July 27th. Cowen boosted their price target on Helix Energy Solutions Group from $6.50 to $7.50 and gave the company an "outperform" rating in a report on Wednesday, July 27th. Cowen raised their price target on shares of Helix Energy Solutions Group from $6.50 to $7.50 in a research report on Wednesday, July 27th. Finally, Evercore ISI raised shares of Helix Energy Solutions Group from an "in-line" rating to an "outperform" rating and boosted their target price for the company from $6.00 to $8.00 in a research note on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $7.25.

Helix Energy Solutions Group Trading Down 1.9 %

Helix Energy Solutions Group stock traded down $0.08 during trading hours on Friday, hitting $4.10. The stock had a trading volume of 918,359 shares, compared to its average volume of 1,998,139. The company has a 50-day moving average of $3.42 and a two-hundred day moving average of $4.11. Helix Energy Solutions Group has a fifty-two week low of $2.47 and a fifty-two week high of $5.78. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.17.

Helix Energy Solutions Group (NYSE:HLX - Get Rating) last announced its earnings results on Monday, July 25th. The oil and gas company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.02. Helix Energy Solutions Group had a negative return on equity of 7.24% and a negative net margin of 17.62%. During the same quarter in the previous year, the firm earned ($0.09) EPS. Research analysts predict that Helix Energy Solutions Group will post -0.5 earnings per share for the current fiscal year.

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HLX Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
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Helix Energy Solutions Group (NYSE:HLX) PT Raised to $7.50
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast:
"Prepare for Five Years of Famine". Click here for the name of the one ticker you need to protect yourself. pixel
Helix Energy Solutions Q2 Loss increases, misses estimates
Helix Reports Second Quarter 2022 Results
Helix Energy Solutions Q1 2022 Earnings Preview
See More Headlines
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HLX Company Calendar

Last Earnings
7/25/2022
Today
8/19/2022
Next Earnings (Estimated)
10/19/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
42330P10
Employees
1,327
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.25
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+76.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-61,780,000.00
Pretax Margin
-18.16%

Debt

Sales & Book Value

Annual Sales
$674.73 million
Cash Flow
$0.57 per share
Book Value
$10.10 per share

Miscellaneous

Free Float
142,413,000
Market Cap
$622.09 million
Optionable
Optionable
Beta
2.93

Key Executives

  • Mr. Owen E. Kratz (Age 67)
    Pres, CEO & Director
    Comp: $1.63M
  • Mr. Erik Staffeldt (Age 50)
    Exec. VP & CFO
    Comp: $829.58k
  • Mr. Scott Andrew Sparks (Age 48)
    Exec. VP & COO
    Comp: $867.28k
  • Mr. Kenneth English Neikirk (Age 47)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $854.66k
  • Mr. Brent Alexander Arriaga (Age 47)
    Chief Accounting Officer & Corp. Controller
  • Terrence Jamerson
    VP of Production Facilities
  • Erik Heymann
    Deputy Gen. Counsel & Assistant Sec.













HLX Stock - Frequently Asked Questions

Should I buy or sell Helix Energy Solutions Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helix Energy Solutions Group in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HLX shares.
View HLX analyst ratings
or view top-rated stocks.

What is Helix Energy Solutions Group's stock price forecast for 2022?

4 Wall Street research analysts have issued 12 month price objectives for Helix Energy Solutions Group's stock. Their HLX share price forecasts range from $6.00 to $8.00. On average, they predict the company's share price to reach $7.25 in the next year. This suggests a possible upside of 76.8% from the stock's current price.
View analysts price targets for HLX
or view top-rated stocks among Wall Street analysts.

How have HLX shares performed in 2022?

Helix Energy Solutions Group's stock was trading at $3.12 on January 1st, 2022. Since then, HLX shares have increased by 31.4% and is now trading at $4.10.
View the best growth stocks for 2022 here
.

Are investors shorting Helix Energy Solutions Group?

Helix Energy Solutions Group saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 9,020,000 shares, an increase of 6.7% from the July 15th total of 8,450,000 shares. Based on an average trading volume of 2,320,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 6.3% of the company's shares are sold short.
View Helix Energy Solutions Group's Short Interest
.

When is Helix Energy Solutions Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our HLX earnings forecast
.

How were Helix Energy Solutions Group's earnings last quarter?

Helix Energy Solutions Group, Inc. (NYSE:HLX) posted its earnings results on Monday, July, 25th. The oil and gas company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.02. Helix Energy Solutions Group had a negative net margin of 17.62% and a negative trailing twelve-month return on equity of 7.24%. During the same period in the previous year, the company earned ($0.09) earnings per share.

What guidance has Helix Energy Solutions Group issued on next quarter's earnings?

Helix Energy Solutions Group issued an update on its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $725.00 million-$825.00 million, compared to the consensus revenue estimate of $671.04 million.

What is Owen E. Kratz's approval rating as Helix Energy Solutions Group's CEO?

18 employees have rated Helix Energy Solutions Group Chief Executive Officer Owen E. Kratz on Glassdoor.com. Owen E. Kratz has an approval rating of 37% among the company's employees. This puts Owen E. Kratz in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Helix Energy Solutions Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Helix Energy Solutions Group investors own include Athersys (ATHX), Energy Transfer (ET), Advanced Micro Devices (AMD), Ford Motor (F), WPX Energy (WPX), General Electric (GE), Marathon Oil (MRO), Transocean (RIG) and Enterprise Products Partners (EPD).

What is Helix Energy Solutions Group's stock symbol?

Helix Energy Solutions Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "HLX."

Who are Helix Energy Solutions Group's major shareholders?

Helix Energy Solutions Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (5.19%), Victory Capital Management Inc. (4.52%), State Street Corp (4.28%), Mirae Asset Global Investments Co. Ltd. (1.20%), FMR LLC (1.19%) and Eagle Asset Management Inc. (0.94%). Insiders that own company stock include Erik Staffeldt, John Lovoi, Nancy K Quinn, Owen E Kratz and Scott Andrew Sparks.
View institutional ownership trends
.

How do I buy shares of Helix Energy Solutions Group?

Shares of HLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Helix Energy Solutions Group's stock price today?

One share of HLX stock can currently be purchased for approximately $4.10.

How much money does Helix Energy Solutions Group make?

Helix Energy Solutions Group (NYSE:HLX) has a market capitalization of $622.09 million and generates $674.73 million in revenue each year. The oil and gas company earns $-61,780,000.00 in net income (profit) each year or ($0.78) on an earnings per share basis.

How many employees does Helix Energy Solutions Group have?

The company employs 1,327 workers across the globe.

How can I contact Helix Energy Solutions Group?

Helix Energy Solutions Group's mailing address is 3505 W SAM HOUSTON PARKWAY NORTH SUITE 400, HOUSTON TX, 77043. The official website for the company is www.helixesg.com. The oil and gas company can be reached via phone at (281) 618-0400, via email at investorrelations@helixesg.com, or via fax at 281-618-0500.

This page (NYSE:HLX) was last updated on 8/19/2022 by MarketBeat.com Staff

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